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Old April 10th, 2012, 08:50 AM   #1
Rongai
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KAPUTEI | Kisaju View Park Estate

http://www.businessdailyafrica.com/C...z/-/index.html

Jamii Bora Makao in major housing estate in Kisaju





Jamii Bora Makao has launched a major residential housing project that is expected to boost the supply of affordable houses around Nairobi and its neighbourhood.

The Kisaju View Park Estate, which is being developed in Kaputiei town near Isinya off Namanga Road, will comprise 2,000 three and four bedroom housing units when completed.

The estate is being constructed by Jamii Bora Makao, and consists of affordable community estate in line with its mission of providing housing solutions to ordinary Kenyans.

Jamii Bora Makao CEO Wagane Diouf said the houses are going for between Sh1.4 million for the three bedroom and Sh5 million for the five bedroom units. The houses are being bought through the offplan model, where buyers pay for the units before construction is completed.

Home buyers will attend the open houses planned for Saturday April 14 and April 21 at the Jamii Bora Makao headquarters on Funzi Road in Industrial Area, Nairobi.

“We are now taking reservations with a deposit of 15 per cent to 20 per cent,” said Francis Otieno Head of Sales and Property Management at Jamii Bora Makao.

The site for the Kisaju View Park Estate is located six kilometres off the Kitengela-Namanga road and is being developed in phases. Each phase of the new development consists of 100 houses each. In previous projects, the company has built and sold 750 houses, said Diouf.

The estate is expected to have multiplier economic and social activities, a self-sustaining set of health services, education facilities, a green and environmentally friendly dwelling served by 1,164 commercial units.

Mr Diouf said they are looking at replicating the affordable housing initiative throughout the country and the region.

“This is a great model that will enable more ordinary Kenyans to own homes,” he said.

“And it will have a trickle effect on other sectors as the estate will need shops, health services, transport, education, communication and utility services as well as banks and garbage collection.”

Jamii Bora Makao was last year awarded a Millennium Development Goal Trust Fund prize in recognition of its contribution towards increasing access to decent and affordable housing in Kenya through the Kaputiei Housing Project.

The organisation emerged the overall winner in Goal 7, which aims to ensure environmental sustainability including affordable housing.
Adopted by world leaders in the year 2000, the initiative acknowledges the contribution of government, financing institutions, private sector, NGOs and individuals that have demonstrated outstanding efforts in driving the achievement of the eight MDG goals through their core programmes.
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Old April 10th, 2012, 08:57 AM   #2
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http://pesatalk.com/2012/04/finally-...ble-to-afford/

Finally, A House You Can Afford

In the recent past, Kenya has witnessed a growth spurt of housing estate developments, from Edenville, Edenville Two, Tatu City, Migaa, Sahara Ridge, One Red Hill, Kihingo Village, Fourways Junction, Vipingo Ridge, Konza, the “city of dreams,” to the hundreds of apartments mushrooming over the nation’s landscape. Kenyans are developing new homes in overdrive. Thing is, most of these new housing developments are targeting the upper middle class and the very-wealthy. And that is fine since they are the ones developing the housing estates anyway; Tatu City for instance is set to cost Kshs. 240 billion. Many Kenyans can only sit back and watch in awe as the property market soars.

There seems to be hope. Jamii Bora Makao Limited has launched a new housing estate, Kisaju (View Park Estate) with Urbanis Africa as the developer, that seems to be a little more affordable for you and I. At least in comparison to a Lulu-type house in Kihingo where one unit costs just about Kshs. 76 million. Only.

Kisaju is located in Kitengela and the completed project envisions 750 low cost homes. The prices range from Kshs. 1.5 million for a “standard house” of 90m2 to Kshs. 5.5 million for a “deluxe house” of 144m2 with financing available through Jamii Bora Bank and Housing Finance.

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Old September 23rd, 2012, 07:51 PM   #3
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While sounding good on paper, the price of Kshs 1.5million is unrealistic. By current construction costs and considering economies of scale, the only way you can put up a 90sqm house at Kshs 1Million is by use of mabati. Additionally, there is the cost of land and shared cost of infrastructure.
What i do not understand is how a house of 90sqm would cost Kshs 1.5M while one of 144sqm (less than twice) cost Kshs 5.5M (more than thrice). Someone needs to explain this.
Buyers need to read the fine print of their offer letters as i believe something has been hidden in there. One may end up paying the Kshs 5.5M for the three bed house (a more realistic price) or give up the house and lose money on some nasty fees that you may not have read in the fine print.
With my five years experience as an architect, i can confirm that this is unattainable. The last project that i worked on which has a low cost ended up with a sqm cost of Kshs 30,000. That was three years ago.
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Old September 23rd, 2012, 09:24 PM   #4
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Welcome to SCC MMTAIRO
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Old September 24th, 2012, 01:34 PM   #5
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Quote:
Originally Posted by mmtairo View Post
While sounding good on paper, the price of Kshs 1.5million is unrealistic. By current construction costs and considering economies of scale, the only way you can put up a 90sqm house at Kshs 1Million is by use of mabati. Additionally, there is the cost of land and shared cost of infrastructure.
What i do not understand is how a house of 90sqm would cost Kshs 1.5M while one of 144sqm (less than twice) cost Kshs 5.5M (more than thrice). Someone needs to explain this.
Buyers need to read the fine print of their offer letters as i believe something has been hidden in there. One may end up paying the Kshs 5.5M for the three bed house (a more realistic price) or give up the house and lose money on some nasty fees that you may not have read in the fine print.
With my five years experience as an architect, i can confirm that this is unattainable. The last project that i worked on which has a low cost ended up with a sqm cost of Kshs 30,000. That was three years ago.
Hi Mmtairo, could you tell me which materials you used on your project? I am currently reviewing a proposal for a project of 240 low cost bungalows using spaceframe technology. Thank you.
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Old October 4th, 2012, 04:29 PM   #6
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for those preferring land buying only in the Kisaju area, is that an option? th
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Old March 26th, 2013, 12:44 PM   #7
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Quote:
Originally Posted by Rongai View Post
http://pesatalk.com/2012/04/finally-...ble-to-afford/

Finally, A House You Can Afford

In the recent past, Kenya has witnessed a growth spurt of housing estate developments, from Edenville, Edenville Two, Tatu City, Migaa, Sahara Ridge, One Red Hill, Kihingo Village, Fourways Junction, Vipingo Ridge, Konza, the “city of dreams,” to the hundreds of apartments mushrooming over the nation’s landscape. Kenyans are developing new homes in overdrive. Thing is, most of these new housing developments are targeting the upper middle class and the very-wealthy. And that is fine since they are the ones developing the housing estates anyway; Tatu City for instance is set to cost Kshs. 240 billion. Many Kenyans can only sit back and watch in awe as the property market soars.

There seems to be hope. Jamii Bora Makao Limited has launched a new housing estate, Kisaju (View Park Estate) with Urbanis Africa as the developer, that seems to be a little more affordable for you and I. At least in comparison to a Lulu-type house in Kihingo where one unit costs just about Kshs. 76 million. Only.

Kisaju is located in Kitengela and the completed project envisions 750 low cost homes. The prices range from Kshs. 1.5 million for a “standard house” of 90m2 to Kshs. 5.5 million for a “deluxe house” of 144m2 with financing available through Jamii Bora Bank and Housing Finance.

Beautiful houses.
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